It is recommended by the Financial Administration & Audit Committee that the RTD Board of Directors approve a budget transfer of $4.664 million from the Operating Reserve to the Planning base system expense grant project budget, effective January 1, 2018, to allow for the completion of grant-funded projects that will not be completed in 2017. The Operating Reserve will be replenished in the 2018 Amended Budget with the funds that were not spent on these projects in 2017.

It is recommended by the Financial Administration and Audit Committee that the Board of Directors adopt updated 2018 Quarterly Performance Measures to include measures for ridership, fare revenue, and total operating revenue.